Cheapest way to exchange euros back to pounds?

[zebedeecactus]

Hi, title says it all really! It's a small amount but I wondered where's the best place to go - bank, post office, etc?

We're saving ours in case we go somewhere next year that also uses euros

Hi Pixie, yes that's the most sensible thing but I think I need to put the money towards paying the rent unfortunately!

Try to find someone going on holiday who’ll buy them off you? Return exchange rates are pretty poor

Shop around for the best exchange rate and then take into account they may charge commission too.

Sometimes the place you purchased them will exchange them back at a a marginally better rate- do you have the receipt for them at all?

I know asda had a buy back guarantee but that cost extra. Where did you buy them from?

Did you keep the receipt from when you bought them? Often when you exchange money, unless you specifically ask for it they aromatically charge you around £5 for a 'buy back' guarantee without even telling you. This means you can change them back at the same rate you bought them

No, no receipt- I withdrew the euros in Ireland. It seems I'll just have to accept losing a fair bit in the exchange. But thanks for all the tips!

worth looking around for someone off on holiday and doing a deal. That will save you both some money.

Definitely try and exchange with someone who is going on holiday. I'm away soon and I'd do it!

Revolut?

Try the currency exchange group, I used them recently to exchange a load of Euros we got from family for DS! You post the money off via registered post and they transfer the money into your account as soon as it's processed. I got a really good exchange rate from them back in July so worth a look.
Initially I thought it seemed a bit sketchy but their trustpilot reviews were good and I had no issues at all.